Last week was a roller coaster that required nearly nightly updates to the Monday Morning Musings. This was mostly due to the angst and uncertainty over the Fed meeting. With the 2%+ move off the lows in the last hour on Friday, the S&P 500 eked out a
Tag: consumer spending
Depending on where you live, you've had your hoodies and flannels out for several weeks or they are still gathering dust in your closet. Here in eastern Virginia, our fall clothes are finally going to make their debut this week after a spectacularly warm fall.
I thought that was fitting
I've often used the analogy of treating a cancer patient to describe how our monetary and fiscal policy leaders have treated a recession. A doctor has two goals when treating cancer. The first is the most obvious — eliminate the tumor. The second is to make the patient as comfortable as
We paused on Monday to remember all those who sacrificed their lives to defend our freedom. As I've said many time, we live in the greatest country in the world because in times of crisis Americans have always come together to sacrifice for the good of the country. I've always
The stock market continues to trade around record highs. We saw strong GDP growth, some impressive corporate earnings, a big spike in travel, and some large areas announcing full re-openings in the coming months. The news and data last week should have led to some stronger stock market returns. The